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Domy fiscal Q1 profit climbs YOY

Domy Co. Ltd. said its normalized net income for the fiscal first quarter ended Aug. 31 was ¥14.54 per share, a gain from 92 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥39.4 million, an increase from ¥2.5 million in the year-earlier period.

The normalized profit margin climbed to 0.5% from 0.0% in the year-earlier period.

Total revenue totaled ¥8.50 billion, compared with ¥8.55 billion in the prior-year period, and total operating expenses fell from the prior-year period to ¥8.45 billion from ¥8.56 billion.

Reported net income came to ¥12.0 million, or ¥4.43 per share, compared to a loss of ¥2.0 million, or a loss of 74 sen per share, in the prior-year period.

As of Oct. 14, US$1 was equivalent to ¥107.05.